ReutersReuters

Sagtec Withdraws From Proposed Acquisition Of Rider Gate

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SAGTEC GLOBAL Ltd SAGT:

  • SAGTEC WITHDRAWS FROM PROPOSED ACQUISITION OF RIDER GATE

  • SAGTEC GLOBAL LTD - TERMINATES AGREEMENT TO BUY 40% STAKE IN RIDER GATE

  • SAGTEC GLOBAL LTD - DEAL SUBJECT TO SAGTEC BOARD APPROVAL, NOT GRANTED

  • SAGTEC GLOBAL LTD - TERMINATION WILL NOT AFFECT SAGTEC'S FINANCIAL POSITION

  • SAGTEC GLOBAL LTD - SSA TERMINATED WITH NO PENALTIES OR COMPENSATION PAYABLE

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